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Jul 14, 2011 8:00pm EDT
with the congressional leadership with no resolution of the problem at hand. the eric cantor problem. >> we're not going to raise the debt ceiling if we don't have cuts. >> eric cantor is now the man to blame for bringing us to the brink of economic catastrophe. >> are you the reason that there will not be an extension in the next few days? >> this is not a game. >> we don't want to raise taxes. >> he's not going to back down. >> let's play global thermonuclear war. >> no sign he's really willing to negotiate. >> now is not the time to play games. >> the clock is ticking. >> nevertheless, the clock is ticking. >> dire consequences. >> that is a bad scenario. >> gloom and doom scenario. >> some are asking if cantor is hurting the debt talks. >> it was childish. >> called them childish. >> once wrote in his high school year book, quote, i want what i want when i want it. >> quote, he's all about eric. >> boehner and mcconnell are trying to lead a party that doesn't even understand the problem. >> even speaker boehner and minority leader mcconnell seem to understand -- >> we have been in this fight togethe
Jul 15, 2011 1:00am EDT
. during today's meeting, house majority leader eric cantor reportedly remained silent the entire time. republicans are still refusing a generational opportunity to cut social safety net they have been after for decades, the new deal. president obama put the country before his own political future in an effort to solve a crisis republicans basically created. president obama knows the stakes. his treasury secretary tim geithner laid it out today. >> we've looked at all available options. and we have no way to give congress more time to solve this problem and we're running out of time. and the eyes of the country are on us and the eyes of the world are us and we need to make sure we send together and send a signal to take the steps necessary to avoid default and also take advantage of this opportunity to make some progress in dealing with our long-term fiscal problems. we don't have much time. it's time we move. >> most republicans are ignoring geithner's warning. take a listen to michele bachmann. >> you don't care if we're degraded? >> we won't. the president knows and secretary geithn
Jul 15, 2011 2:00am EDT
. it's majority leader eric cantor. taking all the heat. mr. troublemaker. clashing with everybody, right, left and center. cantor will -- not far right. he may be the tea party's hero or everybody else's goat. let's find out what he's all about. the new kid on the block in terms of big time politic. eric cantor of richmond, virginia. why is he causing so much trouble? you're watching "hardball" only on msnbc. >>> presidential candidate ron paul launching his first ad campaign pushing back against raising the debt ceiling. >> oh, gosh. ron paul's running the ad in both iowa and new hampshire. a six figure in each state. may be the largest by any candidate so far in the 2012 campaign. >>> we'll be right back. >>> the speaker and i have consistently been on the same page, and it's just as he laid out in terms of the principles that we are operating under. that our conference is behind that we're not going to raise the debt ceiling if we don't have cuts in excess, a that we don't want to raise taxes, and that we want to structurally change the system so that we stop this from happenin
Jul 14, 2011 10:00am EDT
ended the meeting, even stormed out if you listen to eric cantor, although democrats dispute that. the biggest fireworks did come between obama and the house majority leader, cantor, at one point the president warned reportedly quote, "eric, don't call my bluff. i'm going to the american people with this." nbc's kristen welker is live at the white house. with the way things ended yesterday, where does that leave us today? >> reporter: there's not a whole lot of optimism a deal will get done today. yesterday's meeting was heated. the two sides by some estimates are about $1 trillion apart. today, chris, they'll take on the issue of taxes, which is arguably been the most divisive issue to date. democrats saying any deal has to include a rollback of tax breaks for wealthy americans and for large corporations and republicans have been saying we're got going to support anything that involves tax hikes so that's where they stand going into today's meeting. now the president has said look we really need to decide by friday whether we want to continue to try to pursue a package that inclu
Jul 13, 2011 3:00pm EDT
. house majority leader eric cantor during tuesday's talks. sources say cantor lashed out suggesting democrats leaked details of a budget proposal he made monday while not releasing their own plan in the same way, leading the president to offer a sharp reply that he assumed he was sharing his plan when he showed the details to speaker boehner. well, there's more drama to come in the next hour. nbc's mike viqueira is at the white house. can you furnish us with any more details of the clash that took place between eric cantor and the president. >> reporter: eric cantor represents conservatives within the house republican conference to a great degree, particularly during the negotiations. there was something of a clash yesterday between the president and eric cantor, that is for certain. however, one thing you can count on is that democrats, especially in the house, are going to seize on any division within republican ranks as a divide and conquer strategy and play that up, sort of mischievous, james clyburn saying if they have a good relationship, house speaker john boehner, the nomina
Jul 13, 2011 4:00pm PDT
discussing a back and forth. i'm going to read some of the notes of this. eric cantor, the house majority leader, saying, that's when the president got very agitated and said, i've sat here long enough. no other president, including ronald reagan, would sit here here like this. you reach the point where something's got to give. you've got to compromise, or, eric, i'm going to take this to the american people. eric, don't call my bluff. i'm going to the american people with this. cantor said he was somewhat taken aback and tried to have a conversation with the president. in spite of saying none of us want to take this to the brink, he shoved back from the table and said, i'll see you tomorrow. i'm out. kate bolduan, this sounds quite dramatic, a showdown between the president and the republican house majority leader eric cantor. where the president in his own house leaves the room. >> reporter: that sounds like the case, at least according to house republican leader eric cantor. he came out and talked to a group of us reporters as we were standing there and gave us a very detailed explanat
Jul 10, 2011 10:00am EDT
and leader eric cantor have been very clear about not raising taxes. >> are they selling a plan that includes elements that people might not like? many folks were disappointed with the outcome. >> this is a much bigger issue for the country. frankly, members understand that politically speaking, this is a bigger issue as well. we have been very encouraged by what both speaker john boehner and leader eric cantor have been saying regarding the tax issue. speaker john boehner gave a speech eight weeks ago now from wall street where he talked about having big cuts as to move forward. the cut park and the cap part is good. as i have indicated, to support this issue, the fundamental game changer is the balanced budget. i think it is important that speaker john boehner and majority leader eric cantor can talk about the changes. >> is there any where you were willing to compromise? >> we are on the side of the american people. if you ask the american people if we should cut spending, many people would say yes. does it make sense to cap spending? historically, this nation has been -- been between 16%-
Jul 2, 2011 5:00am EDT
you -- >> look at eric cantor who quit on the economy, quit on the talks. refused to negotiate. he's the number two guy. chuck schumer may be the number two guy in the senate. eric cantor is the number two guy in the republican leadership many the senate. he quit on the economy. that tells me everything i need to know about how the republicans negotiate. >> it doesn't sound like you're ready to sign on with senator schumer's theory that the republicans are trying to sab tang the economy. >> i am more interested in outcome than input. we need to reduce debt and the way to do that is to decrease spending, democrats are willing to tighten our belts. we understand we need to do that. we've come up with trillion dollars in cuts. we need to ask big oil companies and people making over million dollar to do their fair share by increasing revenues. >> have a good fourth of july weekend and we'll see you -- >> big mets and yankees series in new york tonight. i'll be watching. >> i'm always rooting for the national league. always got to stick to it the big guys. thanks. >> thank you. >>> all
Jul 3, 2011 7:00am EDT
and not born by the middle class. one other thing, look at eric cantor who quit on the economy, quit on the talks. he's the number two guy. eric cantor is the number two guy in the house of representatives. he quit on the talks and on the economy. that tells me everything i need to know about their negotiating. >> it doesn't sound like you are ready to sign on to senator schumer's theory here. >> i'm more interested in outcome than input. what we need is what they go through. we need to reduce debt. the way to do that is decrease spending. democrats are willing to tighten our belts. we have come up with a trillion dollars in cuts. people making over $1 million need to do their fair share and increase revenues. >> have a good fourth of july weekend. we'll see you -- >> big mets-yankees series in new york tonight. >> i'm always rooting for the national league. you have to stick it to the big guys. congressman, thanks. >> thank you. >>> all right joining me now, chief congressional correspondent for the national journal. doesn't want to kick the can down the road. >> right. >> sounded l
Jul 13, 2011 8:00pm EDT
obama refused to accept a single republican proposal, and according to eric cantor, this time it was the president who walked out. >> well, they are playing a great brand of soccer. >> it is over. the united states are in the world cup final. >> marched right through opponent france. >> the usa beats france, and barack obama scores. >> wait till you hear how much money his campaign officially raised. >> bigger is better. >> more than 550,000 donors. >> willing to go big here. >> a shock and awe report. >> what a juggernaut this was for the president. >> mr. mcconnell said the day i was elected president, to see me beat. >> now i'm not the only one who knows the president is winning. >> republicans don't have a chance. >> mr. mcconnell who waves the white flag. >> mcconnell squawks, boehner balks, and cantor woes. >> trying to win the spin game. >> the senator republican leader says hey, i got this other nifty back-up plan. >> this is a complete betrayal of the tea party. >> let's be in a position to blame president obama. >> mitch mcconnell trying to become senator majority le
Jul 7, 2011 6:00am EDT
. speaking to reporters yesterday, house majority leader eric cantor said if the president wants to talk loopholes, we'll be glad to talk that. they must be offset by tax cuts. we are not increasing revenue. it drew a sharp response from democrats. it would prevent them from getting tax cuts. before we get to bill clinton, did they budge? it's another way of saying no. >> imagine if democrats, they move saying no into a performance. 150 ways to say no. if democrats said we are for spending cuts as long as that money goes into new spending. i's not a compromise proposal. >> are we so skewed we don't see it? >> the real news, washington post and new york times has a similar story saying the president is going to propose at his meeting, cuts to medicare and social security, which is new. if he puts those on the table and republicans are still refusing to move on taxes, what happens then? >> i don't know what happens then but it certainly, the president is trying to show that he is willing to go the extra mile to get a deal done here. >> right. >> he is talking about how by ruling out the no
Jul 11, 2011 11:00am EDT
, that they're not going to spend thanksgiving with one another, john boehner and eric cantor. that being said, they've had a fairly effective working relationship over the past year and going back to the campaign to try to accomplish what it is they want to accomplish. but in this case, eric cantor two weeks ago who was put into negotiations by john boehner specifically so that if there were to be a tax increase, it would be eric cantor who had the plan in the house republican conference. eric cantor pulled out of those talks, saying that the issue of taxes was not going to be solved because democrats were insisting on a tax increase, effectively saying to john boehner, look, if you want to bring a tax increase on the house gop conference, you have to do that. so is there any doubt in anyone's mind on capitol hill, that eric cantor positioned himself to the right of john boehner? he absolutely does. he is in constant fear that cantor is going to fight boehner? not necessarily. but in the case specifically from what we've heard last may in the meeting that eric cantor spoke for the republican
Jul 14, 2011 1:00pm EDT
times. >> eric cantor was persistent, i'm sure. eric cantor believes earlier this week when the president invited him to bring to the group what he interpreted the biden talks produced as far as medicare cuts and he did so, the next morning he was attacked by senator charles schumer of new york, who is not a participant in these talks, as being amoral. eric cantor's staff and the majority leader interpreted that as being set up, invited him to talk about the cuts. next day's attack by a prominent democrat on the senate floor. that did not create a good atmosphere as far as eric cantor was concerned. he was persistent yesterday with the president on spending cuts. the president said don't call my bluff. i'm not a big poker player but i don't think you're supposed to signal that you're bluffing. don't call -- you're supposed to say i'm not bluffing. don't call my bluff. but putting that aside for a moment, the most important take-away is these negotiations are producing nothing except hostility and those who are watching it on the outside, bond rating agencies, people who trad
Jul 22, 2011 8:00pm EDT
the president maneuvered eric cantor into walking out of the deficit reduction talks to great advantage of the white house in its perception of being willing to compromise, willing to extend itself, willing to as the president would say frequently, bend over backwards with the negotiations with the intransigent republicans. now the republicans are walking away yet again. after receiving a phone call from house speaker john boehner, where the president learned that the speaker and the republicans would no longer negotiate with him over a deficit reduction deal, the president went to the press briefing room to give his reaction to the american people. >> i just got a call about a half hour ago from speaker boehnor, who indicated that he was going to be walking away from the negotiations that we've been engaged in here at the white house for a big deficit reduction and debt reduction package. we were offering a deal that caused for as much discretionary savings as the gang of six. we were calling for taxes that were less than what the gang of six had proposed. and we had -- we were calling
Jul 22, 2011 5:00pm PDT
, obviously, very refined. he's been able to rehearse these with the eric cantor walkout. he did twice refer to john boehner in his statement today, in his press conference this evening, as walking out. his mission tonight clearly in that room was to put the pressure on the republicans for having walked out. he's trying to make them appear to be the irresponsible party here. >> that's right. he's putting the pressure squarely on their shoulders as we have been reporting, he has called congressional leaders of both parties back to the white house tomorrow at 11:00. and to continue to put that pressure on, lawrence, he discussed the fact that look, the markets are watching this. earlier this week we saw the markets respond favorably when there was news of a possible deal, so there's concern of what's going to happen on monday. president obama addressed the issue, they need to get something done, they need to get something done soon. again, you heard the president talk about this grand bargain all along. tonight it seems there's little hope for a grand bargain. the president, himself, saying he
Jul 14, 2011 10:00pm EDT
of improper conduct. in london amy kellogg, fox news. >>> is virginia congressman eric cantor holding up the deal to raise the nation's debt ceiling? democrats say he is the reason talks are faltering. fox 5's tom fitzgerald has more on this latest development. >> reporter: with less than two weeks until the $14.3 trillion debt ceiling deadline democrats turn to the blame game. >> he has not been constructive in working out the problems we have. >> he's the on one at the table who hasn't yet. >> reporter: the he would be virginia congressman eric cantor. >> leader reid is i imagine frustrated as we unfortunately are. >> reporter: the house republican majority leader is being targeted by democrats who say his unwillingness to compromise is holding up a deal. >> we're not going to raise the debt ceiling if we don't have cuts in excess of that amount. >> reporter: the democrats naming of cantor as the reason the talks haven't been successful prompted speaker john boehner to figuratively and literally embrace him. >> let me just say we have been in this fight together and any suggestion that
Jul 13, 2011 10:00pm EDT
and congressional leaders on the debt ceiling. there are reports that eric cantor was acting like a juvenile. he's willing to risk his presidency for a debt ceiling deal. the stakes have never been higher for this president or the american people. this is the ed show. >> i'm no on raising the debt ceiling right now. >> the republicans are at war with each other. major developments on the latest debt ceiling negotiations. today was the worst day yet for ruppert. there is now a bipartisan call to find out whether newscorp hacked american phones. you won't believe which republican wants rupert murdoch investigated. the government shutdown in minnesota means the state is almost tapped out. this is serious stuff. good to have you with us tonight folks. thanks for joining us here on the ed show. huge news, the debt limit negotiations this evening. president obama had a tense encounter with eric cantor tonight. democratic sources are telling the ed show, cantor interrupted the president three different times trying to push for a short term deal. the president refused to agree, and an anonymous republic
Jul 14, 2011 6:00pm EDT
no solutions. case in point, republican leader eric cantor continues to push a short term extension of debt ceiling. here is president obama's response. quote, enough is enough, eric. don't call my bluff. i'm going to the american people on this. i will not yield. today, cantor took more heat from the left. >> house majority leader eric cantor showing he shouldn't even be at the table. it was childish. >> he is basically standing in the way and it's a shame, it's a shame. if eric cantor decides everything i fear we will be in fall. >> president urging republicans to stop playing games. >> what's required here in washington, is that politicians understand now is not the time it play games. now is not the time to posture. now is the time to do what is right by the country. >> joining me now, are two msnbc political analysts, pat buchanan and richard wolfe. pat, let me start with you. >> all right. >> is your party playing games? >> our party's involved in these negotiations, al. and there's no doubt i think the president has been winning it politically on the national level. but i do think th
Jul 14, 2011 6:00am EDT
from president obama and eric cantor. cantor's push for a short term deal on the debt limit. the president refused to agree. republican aids say he said i have reached the point where i say enough. would ronald reagan be sitting here? i have reached my limit. it may bring my presidency down, but i will not yield on this. cantor interrupted the president three times. the president finally said, don't call my bluff. i'm going to the american people on this. after the meeting, cantor said the president lost his temper and abruptly walked off. democratic officials dispute that. they will reconvene to discuss taxes. the obama administration is going to announce their plan. house republicans say they need to reduce the deficit and raise the debt ceiling through the end of 2012. >>> before we go on, not only can they not agree to things, john heilemann, on budgetary matters. >> it's true. it's very common as you know in washington, joe. when there's a meeting where there are two sides on the room and no reporters present for people to come out of the meeting and try to spin what ha
Jul 8, 2011 9:00am EDT
of the more possess mess tick parts of yesterday's meeting was the fact that eric cantor, the number two to boehner, was more skeptical about this idea that the big deal, the grand bargain, which would include major tax reform and basically some tax increase -- increased tax reven reven revenues, getting rid of loopholes, kantor was expressing skepticism about getting it through the house, not necessarily skeptical in trying to do a big plan but on the numbers himselves. he's of course bun one of the g counting votes. the white house is trying to soothe democrats frantically pushing back that reports on social security are on the debt ceiling table. yesterday he had a hard time not tripping all over that message. watch. >> the president specifically said it should not be included and now you guys are acknowledging it's included. >> the president has said since january that he is willing and eager to have discussions about social security -- >> but not -- but he always -- he was specific to say not connected to this stuff. >> he has always said that it is not connected to the short and me
Jul 14, 2011 2:00pm EDT
reportedly ended abruptly when eric cantor urged the president to accept a short month's long increase in the debt ceiling, and president obama declared, quote, enough is enough, and see you tomorrow and left that room. minutes ago white house press secretary jay carney talked about what happened. >> today, they will discuss significant issues in terms of savings that could be found, reasonable savings that can be found this the health care entitlement programs, and significant savings found through the tax code, and all it requires is for leaders of both parties as well as the president to decide that achieving something significant here is a worthy goal. >> there is more back information. the president reportedly entered the meeting yesterday knowing that moody's investment services was about to lower this country's top-notch credit rating unless a deal is reached soon. mike viqueira joins us from the white house. mike, these talks are entering as we know a critical stage with august 2nd behind the corner, but it is interesting what may or may not have happened in the meeting. you ha
Jul 19, 2011 8:00pm EDT
will not yield. >> the issue 1 not congressional in action. >> rupert murdoch, john boehner, eric cantor in charge when it's convenient. >> back here in the states, cue the blame game. >> virtually no americans hold congress in high esteem. >> we, as republicans, as the new majority in this house. >> failing on the big things is something they choose to do. >> we emplore the other side to get serious. >> when is the house going to stop the charade? >> the gang of six is still trying to lead. >> it's a far cry from the paul ryan budget. >> we thought this was the gang of six, dead and buried. >> now the gang of six is a gang of seven. >> two parts, there's always a second act. >> gotten rave reviews from a lot of folks. frlgs colleagues really liked it. >> when does somebody have to say uncle? >> murdoch is also not taking the blame. >> insisting that he is not to blame. >> london calling. >> tried to pass the buck today. >> just doesn't really stack up. >> the 80-year-old also appeared confused. >> he said yes, i'm in charge of this company. >> somebody jumped over to, i believe, get to
Jul 21, 2011 1:00pm EDT
are hearing? we know cantor and the speaker, eric cantor and the speaker were at the white house meeting with the president last night. there's talk now, reports from the "new york times" moments ago of a possible coming together between speaker boehner and the president. what are you being briefed on or what do you know is the state of play? >> good afternoon. basically what the state of play is it's very fluid. we're looking at what the talks between the speaker and the president are, those details have yet to be shared. we also are looking at what would be a plan b. nobody wants to see default. all we want to see is some spending reductions, spending cuts, as we grapple with this issue. so it's a fluid situation. we've got 12 days. cool heads will prevail and we just want to cut spending. >> how do we know that cool heads will prevail and that the markets won't get freaked? well before the 12 days have expired, and you will start seeing a cascade which as you know can happen instantly if some big player decides to sell off. >> obviously i'm not qualified to speak on behalf of the mark
Jul 14, 2011 3:00am PDT
. president obama abruptly ending a meeting after trading ultimatums with house majority leader eric cantor. >>> duck and cover. a cnn crew caught in the middle of an all-out battle in lib why. bullets whizzing by tear van. every moment of it caught on tape. we will show it to you on this "american morning." >>> good morning to you. 6:00 on this thursday, july 14. this is ali. >> chris seen on a well-deserved vacation. we have a lot going on today. let's get to it. high drama and high stakes over raising america's debt ceiling. we are now just 20 day ace way from the treasury deadline. president obama will meet again today with congressional leaders for the fifth straight day of negotiations that ended abruptly yesterday. republicans saying the president stormed out of the talks. this morning, democratic source is telling cnn president obama shut down the meeting after house majority leader eric cantor continued to push for a short-term extension of the debt ceiling. something that the president categorically opposes. that's when sources say the president got agitated saying, quote, this co
Jul 14, 2011 2:00pm PDT
the president mean when he parent toll eric cantor at yesterday's session that he's ready to take this to the american people? >> the president held a series of the local interviews about to air around the country, but we did read the tweets from at least one reporter. he clearly made his case past washington directly to the american. here's what he said to one reporter, quote -- the president expressed frustration that the republicans, quote, continue to play games. the president said he is willing to tackle his party's sacred cows, but republicans aren't. that's what he told philadelphia's kyw. clearly the president has the buildly pulpit and he's willing to use it. >> he said something very similar on month at the news conference. what is this talk of a deadline tomorrow, friday, deadline? what does that mean? >> the white house is saying they must -- these talks must yield clear progress, clear signs of steps toward a deal, and if not, then they have to move on to another solution. here is jay carney today. >> the president views friday as an important moment where we can make
Jul 14, 2011 5:30pm PDT
, republican eric cantor, who chip just mentioned, has been a congressman from virginia since 2001. he's a favorite of tea party activists. nancy cordes tells us that now that cantor is at the center of the budget crisis, he's become a lightning rod. >> good afternoon. >> reporter: in washington, where the blame is a blood sport, democrats have found their fall guy. >> leader cantor has yet to make a constructive contribution to these discussions. >> reporter: senate majority leader harry reid called cantor "childish." >> house majority leader eric cantor has shown he shouldn't even be at the table. >> reporter: the ambitious six- term congressman has given his opponents plenty of ammunition. >> we're not going there. >> reporter: he blew up the original debt negotiations led by vice president biden when talk turned to tax increases, then pulled speaker boehner back from a grand bargain with the president because taxes were part of the deal. >> i cannot fathom how anybody, how anyone thinks right now is a good time to raise taxes. >> reporter: his hard-line approach has endeared him to
Jul 14, 2011 7:00pm EDT
was described as "polite." a stark contrast from yesterday when, according to eric cantor, the president stormed out affleck which you are cantor on the need to compromise. >> reporter: the white house says the idea that the president stormed out is preposterous and so does house democratic leader nancy pelosi who was in the room. >> i just don't understand what the problem is if the president of the united states who's at a meeting over two hours stands up and says "see you tomorrow." that's how meetings with presidents end. you don't leave first, the president leaves first. >> reporter: in an interview today with kyw t.v., the cbs station in philadelphia, president obama did make clear how frustrated he is with the roib negotiators. >> what i did say to them was very bluntly the american people expect us to stop political postures, to stop playing games, and to solve this problem. and i was very blunt with them. >> reporter: with the possibility of an economic catastrophe now less than three weeks away, key members of both parties are considering a plan "b"-- to raise the debt limit before the
Jul 14, 2011 6:00am EDT
over delta's cuts with house minority leader eric cantor. eric cantor suggested a short- term increase to the nation's credit limit to avoid a default. a frustrated president obama issued a veto threat. don't call my bluff he said, and walked out of the meeting. senate majority leader mitch mcconnell issued his own warning to republicans. failure to raise the debt ceiling could be a political disaster. >> i refuse to help barack obama get reelected but martin republicans into a position where we have no ownership of a bad economy. >> if the stalemate is having serious implications. moody's credit agency said yesterday it's considering a possible downgrade to the nation's credit rating. the president told congressional leaders they have until friday to decide whether a deal on deck as it cuts is possible, or whether it's time to focus on avoiding a default. abc news, washington. >>> john edwards is expected to be in court for conference hearing. the former democratic presidential candidates could find out when he will stand trial on charges that he used campaign funds to hide an extrama
Jul 14, 2011 2:00am PDT
eric cantor says this is what the president said in response. quote, don't call my bluff, eric. and then he walked out a few minutes later. president obama said all along he'd veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to that debt ceiling issue and the possibility of default you're on notice. i'm on notice. everyone from maine to san diego is on in. moody's investor services, the debt rating agency plans to review the nation's aaa bond rating and might downgrade it from stable to negative. standard & poors has the u.s. bond rating under review. let's talk about foreclosures for a second. realty track, the company that tracks the foreclosures, their numbers show foreclosures are down nearly 30% to compared to a year ago. that sounds like good news but it comes with a big fat asterisk. realty track says many are being delayed. many foreclosures that should happen this year will happen next year instead. nevada, arizona and cal lead the
Jul 11, 2011 9:00am EDT
speaker john boehner and majority leader eric cantor. here's what we don't know. when do we get to the point where somebody blinks. on the biden plan, this is what we know. they did agree to about $1.5 trillion in cuts, but what we don't know is how much more is going to go up without some sort of tax increases. as for house republicans, boehner went out there, he never publicly came out for any of these tax hikes, but behind the scenes, it was clear something was going on, but the problem was, he had no support inside his republican conference, very little support. eric cantor made that clear, and according to one democratic source from last night's meeting, eric cantor did all the talking last night. now, yesterday, even as the grand bargain was rolled out, senate republican leader mitch mcconnell praised the president for putting entitlements on the table. >> i commend the president for putting medicare and social security on the table. he is correct in doing that. you can't have a serious deficit reduction program without dealing with those programs in the long-term. >> six
FOX News
Jul 14, 2011 9:00pm EDT
called house majority leader eric cantor, childish. doing her part to eradicate any sense of civility in washington is senator mccaskell. this morning she announced that her belief that minority leader mitch mcconnell has lost his mind. another day of name calling comes to answer. the bernanke is pulling no punches in his assessment of what would happen if a deal is not reached by the date of august 2nd. >> i think it would be clam outcome, create a severe shock that would have -- would effect the u.s. and global economy. the fault on those securities will throw the financial system into chaos. >> sean: joining me with unless of the day's events the author of the "new york times" best shelter "courage and consequence" karl rove. mr. rove, how are you? >> fantastic. >> sean: we appreciate you being here. let's start with the president. i'm calling him president crybaby. walks out of this thing. does he expect that the republicans who ran against his economic policies were going to say, yes, sir, and walk out of the room and agree with him? >> smartly salute and do what he wants. the wh
Jul 7, 2011 5:00pm EDT
or is he being held back by maybe 60 to 80 tea party people led by eric cantor, the number two man on the republican side, who are basically terrorizing him and threatening him if he cuts a deal somewhere down the middle? >> well, i would say this about, speaker boehner. i've known him for a long time. we have interacted both on the floor together and we have done so socially. i've played golf with him. i know him pretty well, i think, and i do believe that he is in a box when it comes to this, this issue, of the debt ceiling, because he has a number of people -- i hope it's not 80. i've been saying between 40 and 50. if it's up to 80, we really are in trouble, and she in trouble as well. but that's what's got him in a box. he knows the art of compromise. he know what's it takes to get legislation done, and for him to be in the position he's currently in, i really have a lot of compassion for where he is. >> okay. let's try to be balanced here and go to the liberal side of, the progressive side of the democratic party. with your caucus and you're a leader of the home caucus, got pe
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